“Advisors now have a lot more time to dedicate to the more human parts of the job, which the AI will never replace,” Satchkov said.
RemAI is available with a monthly subscription at three levels of service. The prices are $49, $89, or $199 per month for a light, silver, or gold level subscription. The more expensive the subscription plan, the faster the speed and number of queries a client can get, according to Satchkov.
The firm recently released two other AI products, 401(k)AI and AdvisorAI, and is optimistic about RemAI and the level of importance it will achieve within the world of finance, he said